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Here's what's rising in price, and what's leveling off
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Will October's inflation increase slow the pace of interest rate cuts?
In October, inflation was above the annual inflation rate of 2.4% in September, and it increased 0.2% on a monthly basis, according to BLS. The cost of housing was the most significant contributor to the monthly increase in October,
23h
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Inc
1d
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Wages are still growing and have outpaced prices for the past year and a half. But Powell noted that wages aren’t
rising
...
CNBC
1d
With rising interest rates and record-high inflation, here's how you can save (some) money
In June,
inflation
rose to a whopping 9.1% from the ... for instance, with gas prices
rising
11.2% and energy prices, more broadly,
rising
7.5%. While paring down spending in any of these ...
2d
on MSN
Inflation is cooling, but these 5 things are still getting more expensive
While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still ...
1d
Rising US producer prices add to signs of fading disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
1d
NY Times columnist slams Dems over denials about crime, migrants and inflation in US cities: ‘Shut the f–k up’
New York Times columnist Ezra Klein slammed Democrats over their stubborn denials that US cities are plagued with rising ...
1d
on MSN
Should you open a home equity loan with inflation rising again?
Inflation grew again in October, leading some to wonder about the merits of borrowing from their home equity now.
1d
Rising US producer prices add to signs of waning disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
3d
Japan's rising wholesale inflation heightens uncertainty on BOJ's rate hike timing
Japan's wholesale inflation accelerated in October as renewed yen falls pushed up import costs for some goods, data showed on ...
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